NWDA assets to transfer to HCA

The Government has announced land and property assets owned by Regional Development Agencies will be transferred to the Homes & Communities Agency.

The North West Development Agency is one of nine RDAs in England being closed by March 2012 after the coalition government announced it would be replacing them with local enterprise partnerships.

However, the Government stated in April that the newly formed LEPs or local authorities would not be given land and property assets owned by Regional Development Agencies, but said a majority will be sold on the open market.

In the same month, the North West Development Agency said it planned to sell seven sites on the open market including Borders Business Park in Cumbria, Speke Freeholds in Merseyside, and Wirral International Business Park.

The Department for Business Innovation and Skills said on Wednesday that the HCA will own the assets and liabilities, with local communities involved in decisions about future development plans to maximise the benefits to economic growth and regeneration in their areas.

The HCA told Place that details of the individual assets to be included in the transfer will be announced when the order to transfer has been signed off, which is planned to take effect on 19 September.

Deborah McLaughlin, executive director North West at the HCA, said: "Using our expertise, and working closely with our local authority partners, LEP partners and BIS local, we have developed a locally driven approach meaning that the HCA will hold the assets on behalf of the North West region on a stewardship basis. Importantly, this will ensure that the transferred assets will be used to best meet local economic ambitions.

"To progress this, we will be setting up a stewardship group, made up of a range of local representatives, to maximize the significant opportunities these assets present in terms of increasing private sector investment and creating local jobs."

The Department for Business Innovation and Skills said the majority of RDA land and property assets and liabilities will be transferred to the HCA under the Housing & Regeneration Act 2008.

Business and Enterprise Minister Mark Prisk said: "The transfer of RDA land and property assets to the Homes and Communities Agency underlines our commitment to making sure these assets are used to support economic growth and regeneration.

"Through local enterprise partnerships, the Regional Growth Fund and Enterprise Zones, we are putting in place an efficient and locally driven model of regional economic development that ensures government support goes to where it can have most impact."

The North West Development Agency owns more than 30 assets in the region. The following is a list of the freehold land and property assets owned by the NWDA as at 30 September 2010:

Asset Title/Description

City/Town

Land adjacent to Renaissance House

Warrington

Lillyhall East Industrial Estate

Workington

Devonshire Road Industrial Estate

Workington

Lillyhall Business Park

Workington

Land at Mercury Court

Liverpool

Lea Green Industrial Estate

St Helens

Croft Business Park

Bromborough

Wavertree Technology Park

Liverpool

Hooton Business Park

Ellesmere Port

Whitehaven Commerce Park

Whitehaven

Estuary Commerce Park

Liverpool

Estuary – National Bio Manufacturing Centre

Liverpool

Estuary – Aerodrome Complex

Liverpool

Central Park (North Manchester Business Park)

Manchester

Ancoats Urban Village

Manchester

Boulevard Industry Park

Liverpool

Kingsway Business Park

Rochdale

Borders Business Park

Longton

Station Road

Silloth

Venture Point

Speke

Harbord Street Industrial Estate

Liverpool

Daresbury Science and Innovation Campus

Daresbury

Wirral International Business Park

Bromborough

Stonebridge Business Park

Gillmoss

73 – 81 and 353 – 355 Edge Lane,

Liverpool

Cross Keys House

Moorfields

Lillyhall North Industrial Estate

Workington

Kingston House

Liverpool

Bickershaw Colliery

Leigh

Agecroft Colliery

Salford

Cronton Colliery

Merseyside

Ashton Field

Walkden

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